BOSS Wallet data source, Dogecoin DOGE today's market news, DOGE Dogecoin latest price: $0.36993, 24 hours down -1.64%, transaction volume $15.804 billion
According to the candlestick chart, the current trend is upward. It fell sharply compared to 09:00 and rebounded compared to 02:00. Rising prices but falling trading volume usually means that the market's upward momentum is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence may be due to insufficient selling. In this case, prices may pull back or go sideways in the future. Due to the lack of trading volume support, price increases may be difficult to sustain, and investors should be wary of the risk of price declines at high levels.
It is recommended to pay attention to whether the trading volume can keep up with the price increase and whether there is any new buying intervention. The market is in an upward trend and the trading volume has decreased, indicating that the market is deserted. The Williams indicator points out that there is no overbought or oversold state now.
The trading volume has decreased recently, and the trading volume is lower than in previous hours. The price is rising and the trading volume is falling: the upward momentum is weakening.
The market's upward momentum has weakened. It is recommended to wait and see, wait for signs of recovery, and be alert to the risk of falling from highs.
The above content is for reference only and does not constitute investment advice.

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